Newcastle fans react to what Oliver Dowden has said about potential takeover
Newcastle United potential new owners may have received a major boost in their takeover plans.
According to widespread reports, the PCP Capital Partners are closing in on their £300m purchase of Newcastle United and they’ve already submitted a part payment to Mike Ashley, which is non-refundable. Blog Competitions English Premier League Newcastle fans react to what Oliver Dowden has said about potential takeover Saikat 22 April, 2020 English Premier League, Newcastle United Mike Ashley Newcastle United potential new owners may have received a major boost in their takeover plans.
According to widespread reports, the PCP Capital Partners are closing in on their £300m purchase of Newcastle United and they’ve already submitted a part payment to Mike Ashley, which is non-refundable.All the major paperwork have been submitted and it is being currently reviewed by the Premier League. The remaining payment will be made once the Premier League gives the green signal for the takeover to go through.
Amanda Staveley and the Reuben family will each own 10 per cent of the business, with PIF holding the remaining 80 per cent. Al-Rumayyan would become the chairman, but Staveley would have responsibility for running the club.
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